It looks a clear negative divergence case, and we are quite overbought. This requires again to alleviate the pressure and I feel $ 74k re-test is possible medium-term.
Short-term anything goes they say, and it feels it will try higher short term. just be careful for the longer-term situation.
Strategy SELL @ $ 108k-115k and take profit first @ $ 77k area.
Short-term anything goes they say, and it feels it will try higher short term. just be careful for the longer-term situation.
Strategy SELL @ $ 108k-115k and take profit first @ $ 77k area.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.